Construction on Residences at the Green scheduled to be complete in October 2019
Multi-family construction, renovation and acquisition
Established in 2005, BREC Development LLC specializes in multi-family housing and has been involved in the development or re-development of more than fifty apartment communities. BREC is diversified within the multifamily sector with expertise in market rate new construction, market rate renovation deals and in the affordable housing market with both new construction and renovation deals. BREC has completed transactions in AL, GA, FL, LA, MN, NY TX and VA working with many HUD offices and state agencies.
Whether BREC has an ownership stake or is acting as a fee-paid developer, the client receives the same level of attention and detail. BREC has been, and continues to be, successful because they keep certain things very simple in a complex industry. BREC will tell you what can be done, will do what they say, operate with complete transparency, choose great professionals to assist in the process, and deliver a quality product.
- Market Rate New Construction Developments
BREC has the capacity and expertise to address new construction developments in conventional luxury markets, as well as Senior Housing markets. BREC has worked with professionals to deliver quality developments including garden style, mid-rise and mixed-use products. Each market is different and demands product and amenities designed for success.
- Market Rate Renovations (Value Add)
Successful renovation deals begin with identifying a good asset, implementing an effective renovation plan, efficient work flow process and accurate rent projections. We analyze properties, market cycles and related economic factors to identify an opportunity. Then, BREC works extremely close with management and other professionals to define the proper scope of work with the best return to owners. On re-development deals, many of these renovations have been completed with residents in place during construction.
- Affordable Housing Market
BREC has been successful with both new construction and renovation deals in the affordable housing market, and has successfully completed tax credit transactions throughout the southeastern United States.
For additional information visit BREC DEVELOPMENT